Spiritual Tech Startup Utsav Raises ₹36 Cr To Expand Temple Network

Spiritual technology startup Utsav has successfully raised ₹36 Cr ($3.8 Mn) in its Series A funding round, with Atomic Capital leading the investment. Existing investors India Quotient and Equanimity Investments also increased their stake in the Kolkata-based company. Utsav, which offers a community-driven marketplace for faith and divinity, aims to use the funds to expedite product development, enhance its tech stack, and expand its growth initiatives.

The aim is to create a digital platform that connects devotees, temples, and rituals across India. Co-founder and CEO Sourajit Basu noted that their most loyal devotees book rituals every few days across multiple temples, and the feedback they receive after a puja is a testament to their achievements. With this funding, Utsav is set to scale its services for the Indian diaspora over the next 12-24 months and broaden its reach across the devotional ecosystem.

Prior to this round, the startup had raised ₹6.4 Cr in January 2025 to onboard more temples and incorporate AI features into its platform. Since then, its revenue has grown eightfold. This funding comes at a time when the Indian spiritual tech sector is experiencing a surge in interest. In Delhi NCR, astrology platform AstroTalk made headlines by becoming the first startup unicorn in this space, valuing the company at $1 Bn.

Additionally, smaller spiritual tech platforms, such as AppsForBharat and VAMA, have also attracted significant investments in recent times.